Archived News

23/06/2025 (The Star), Petaling Jaya - Having made inroads into high-growth sectors such as sustainable fuel, water treatment, and mining, ACE Market-bound Pan Merchant Bhd is now gearing up to scale its operations in its efforts to capture a larger share of global market share.

RECENTLY, a bright-eyed Gen Y economics student asked me, “Uncle, what’s the oil palm industry really like?”

Palm oil remains a cornerstone of Pakistan’s edible oils and fats sector, supporting food security, industrial development, and nutritional access for millions.

The Ministry of Plantation and Commodities has instructed for an immediate engagement session with palm oil industry players following concerns over the implementation of a 5% sales and service tax (SST) on the oleochemical sector starting next month.

Malaysian palm oil futures were largely flat on Thursday as stronger rival Dalian oils supported the market, while weak demand from key markets, including India, countered the gains

Indonesia is endowed with abundant natural resources. One of them is oil palm that produces the versatile palm oil, one of the main vegetable oils that dominate the global market.

Indonesian authorities in late May seized 11.8 trillion rupiah (S$928 million) from global palm oil company Wilmar : F34 0% as part of an ongoing corruption case involving allegations of bribery to obtain palm oil export permits in 2022

Palm oil cultivation, a cornerstone of the agricultural sectors in Malaysia and Indonesia – two of the world’s largest producers – has been beset with controversies over the past two decades due to the indirect land use change that its cultivation can cause.

Malaysian palm oil futures closed higher on Wednesday, supported by gains in rival soyoil in Dalian and Chicago markets and a weaker ringgit.

Malaysian palm oil futures recovered on Wednesday after losses in the previous session, supported by gains in rival soyoil in Dalian and Chicago markets and higher crude prices.

Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September following a sudden surge in benchmark Malaysian prices, four trade sources told Reuters

Palm oil jumped above 4,000 ringgit (the main currency for palm oil trading), tracking a rise in soybean oil prices, which have surged on Washington’s proposal to allow refineries to produce and blend record amounts of biofuel into gasoline and diesel next year.